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TRUSTOR BYRON L SCHIIDT and CHERYL P STEPP- SCHNIDT, HUSBAND AND WIFE
<br />1615 N CUSTER
<br />GRAND ISLAND, NE 68803
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<br />El If checked, refer to the attached Addendum incorporated herein, for additional l ruators, their signanues and
<br />acknowlcdgmcnls.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />HE
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) mid Trnstor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee. in trust hu the benefit of Beneficiary, with power of sale, the following described
<br />property
<br />SEE ATTACHED EXHIBIT "A"
<br />The property is located in _ Hall at 1615 N CUSTER
<br />GRAND ISLAND . Nebraska 68803
<br />fAdd—,) (( NY) 171e (odc)
<br />Togelher with all tights, easements, appurt minces, royalties, mineral rights, oil and gas rights, all water and nparimr
<br />rights, ditches, and water stock and all existing and Inoue improvements, structures, fixtures, and replacements that may
<br />now, of at any time in the future, he part of the real estate described above (all rcfcrred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 37, 028.56 - This limitation of amount does not include interest and other fees
<br />and charges validly made Pursuant to this Security Instrument Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security instrumcnl.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A_ Debt incurred under the terms of all promissory routs), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, ntoditications or substitutions. (When 14i,ricing the debts belnm o
<br />suge.1'd thin run include i coo such 11 I..... rx ngrnP_r rrw.. a ri..iont , mtoeq , we.c, ntahu'i , dale,, 'I")
<br />A Promissory Note dated 09/10/2002
<br />NEBRASKA -DEED OF TRUST NO FORFNMA r r c HEONVAUSE,
<br />p 1N94 B,,x,sr - I aLCI ... I MN1190' 397 2311, rum RwaNE lmzPw
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<br />Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />F-1
<br />Construction Security Agreement
<br />1. DATE AND PARTIES.
<br />The date
<br />of this Deed of Trust (Security Instrument) is Sep_
<br />10,_ 2002
<br />_
<br />end the parties, their addresses
<br />and
<br />tax identification
<br />na tubers, if required, are as follows'
<br />TRUSTOR BYRON L SCHIIDT and CHERYL P STEPP- SCHNIDT, HUSBAND AND WIFE
<br />1615 N CUSTER
<br />GRAND ISLAND, NE 68803
<br />O
<br />N m
<br />o C45
<br />Ci
<br />N a
<br />o H
<br />c� o
<br />y
<br />� 1
<br />C
<br />S
<br />CJ e9
<br />— T.a
<br />O
<br />El If checked, refer to the attached Addendum incorporated herein, for additional l ruators, their signanues and
<br />acknowlcdgmcnls.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />HE
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) mid Trnstor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee. in trust hu the benefit of Beneficiary, with power of sale, the following described
<br />property
<br />SEE ATTACHED EXHIBIT "A"
<br />The property is located in _ Hall at 1615 N CUSTER
<br />GRAND ISLAND . Nebraska 68803
<br />fAdd—,) (( NY) 171e (odc)
<br />Togelher with all tights, easements, appurt minces, royalties, mineral rights, oil and gas rights, all water and nparimr
<br />rights, ditches, and water stock and all existing and Inoue improvements, structures, fixtures, and replacements that may
<br />now, of at any time in the future, he part of the real estate described above (all rcfcrred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 37, 028.56 - This limitation of amount does not include interest and other fees
<br />and charges validly made Pursuant to this Security Instrument Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security instrumcnl.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A_ Debt incurred under the terms of all promissory routs), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, ntoditications or substitutions. (When 14i,ricing the debts belnm o
<br />suge.1'd thin run include i coo such 11 I..... rx ngrnP_r rrw.. a ri..iont , mtoeq , we.c, ntahu'i , dale,, 'I")
<br />A Promissory Note dated 09/10/2002
<br />NEBRASKA -DEED OF TRUST NO FORFNMA r r c HEONVAUSE,
<br />p 1N94 B,,x,sr - I aLCI ... I MN1190' 397 2311, rum RwaNE lmzPw
<br />� C1651NEI �9sce1o2 VMr MORTGAGE rOEMS - ;eaosmash
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